Ericsson

The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs, according to the sources.

Ericsson has said to have received a new multi-billion dollar contract for selling 5G equipment from India's Bharti Airtel. The new contracts are expected to boost Ericsson's revenue next year after seeing a big fall in contracts from India in the first half of the year.

India's Vodafone Idea has finalised a $3.6 billion (roughly Rs. 30,066 crore) deal with Nokia, Ericsson and Samsung for supply of equipment over the period of three years. Supplies under the new contract will start arriving in the coming quarter, Vodafone Idea said, adding that its top priority remains to expand the 4G coverage. 

Samsung and Qualcomm are among those opposing India's choice of technology to bring live TV broadcasts on smartphones, arguing the required hardware changes will push up a device's cost by $30 (nearly Rs. 2,500), according to letters reviewed by Reuters. India is considering a policy to mandate equipping smartphones with hardware to receive live ...

As many as 31 million smartphone users in India are expected to upgrade to 5G phones between now and December, a report by Ericsson said on Tuesday underlining the accelerated pace at which the world's second largest telecom market is adopting the ultra high-speed services. 

Thirty-seven Ericsson shareholders are suing the Swedish telecoms company for a combined SEK 1.8 billion (roughly Rs. 1,405 crore), saying its CEO's disclosure of activities in Iraq depressed the stock, business daily Dagens Industri reported. The shareholders, including several investment firms and pension funds, have filed separate lawsuits.

Nokia reported a sharp fall in second-quarter profits on Thursday, dragged down by a drop in investment by North American mobile phone operators. The 5G deployment in India drove growth for its mobile network business. But net sales fell in North America as clients continue to review their spending and reduce their inventory levels.

Reliance Jio Infocomm is reportedly gearing up to sign a contract worth $1.7 billion (roughly Rs. 14,016 crore) with Nokia this week to purchase 5G network equipment. The contract could be signed as early as Thursday in Helsinki, Finland. HSBC, JP Morgan and Citigroup are reportedly backing Jio's 5G-related purchases.

Sreenivasa Reddy, currently a senior engineering executive at Microsoft, will reportedly join Google toward the end of this year. He previously worked in senior positions at Apple’s India regulatory team and headed government relations at the local unit of Swedish telecom-gear maker Ericsson AB, helping to drive domestic manufacturing at both com...

The 5G subscription in India is estimated to have reached about 10 million by 2022 end, and is seen accounting for about 57 percent of mobile subscriptions in the country by the end of 2028, making it "the fastest growing" 5G region globally, according to Ericsson Mobility Report. With the launch of 5G services in October 2022, the major 5G Indian ...

India has one of the fastest rollouts in the world of 5G and by 2023-end India will be ahead of most countries, said Ericsson global chief Borje Ekholm. Talking exclusively to ANI, Ekholm said, "I would say that by the end of 2023, it will be clearly ahead of most other countries in the world." Talking about India as a business destination, Ekholm ...

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson's move would be the largest layoff to hit the industry.

Swedish telecom equipment maker Ericsson said Friday it would cut 8,500 jobs worldwide as part of a cost-cutting programme.

From connecting people with 5G services to lowering the cost of operations, the country's revitalised telecom sector is witnessing the bloom of reforms, and is reportedly said to attract more than Rs. 1.5 lakh crore investments to build up networks in the new year.

Ericsson on Tuesday said that it would invest millions of pounds on 6G mobile research in the UK. The network equipment maker says it plans to work with universities on hardware security, AI and cognitive networks and quantum computing. Ericsson wants to establish a team of 20 experienced researchers in the UK and will also look to sponsor students...

The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs, according to the sources.

Ericsson has said to have received a new multi-billion dollar contract for selling 5G equipment from India's Bharti Airtel. The new contracts are expected to boost Ericsson's revenue next year after seeing a big fall in contracts from India in the first half of the year.

India's Vodafone Idea has finalised a $3.6 billion (roughly Rs. 30,066 crore) deal with Nokia, Ericsson and Samsung for supply of equipment over the period of three years. Supplies under the new contract will start arriving in the coming quarter, Vodafone Idea said, adding that its top priority remains to expand the 4G coverage. 

Samsung and Qualcomm are among those opposing India's choice of technology to bring live TV broadcasts on smartphones, arguing the required hardware changes will push up a device's cost by $30 (nearly Rs. 2,500), according to letters reviewed by Reuters. India is considering a policy to mandate equipping smartphones with hardware to receive live ...

As many as 31 million smartphone users in India are expected to upgrade to 5G phones between now and December, a report by Ericsson said on Tuesday underlining the accelerated pace at which the world's second largest telecom market is adopting the ultra high-speed services. 

Thirty-seven Ericsson shareholders are suing the Swedish telecoms company for a combined SEK 1.8 billion (roughly Rs. 1,405 crore), saying its CEO's disclosure of activities in Iraq depressed the stock, business daily Dagens Industri reported. The shareholders, including several investment firms and pension funds, have filed separate lawsuits.

Nokia reported a sharp fall in second-quarter profits on Thursday, dragged down by a drop in investment by North American mobile phone operators. The 5G deployment in India drove growth for its mobile network business. But net sales fell in North America as clients continue to review their spending and reduce their inventory levels.

Reliance Jio Infocomm is reportedly gearing up to sign a contract worth $1.7 billion (roughly Rs. 14,016 crore) with Nokia this week to purchase 5G network equipment. The contract could be signed as early as Thursday in Helsinki, Finland. HSBC, JP Morgan and Citigroup are reportedly backing Jio's 5G-related purchases.

Sreenivasa Reddy, currently a senior engineering executive at Microsoft, will reportedly join Google toward the end of this year. He previously worked in senior positions at Apple’s India regulatory team and headed government relations at the local unit of Swedish telecom-gear maker Ericsson AB, helping to drive domestic manufacturing at both com...

The 5G subscription in India is estimated to have reached about 10 million by 2022 end, and is seen accounting for about 57 percent of mobile subscriptions in the country by the end of 2028, making it "the fastest growing" 5G region globally, according to Ericsson Mobility Report. With the launch of 5G services in October 2022, the major 5G Indian ...

India has one of the fastest rollouts in the world of 5G and by 2023-end India will be ahead of most countries, said Ericsson global chief Borje Ekholm. Talking exclusively to ANI, Ekholm said, "I would say that by the end of 2023, it will be clearly ahead of most other countries in the world." Talking about India as a business destination, Ekholm ...

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson's move would be the largest layoff to hit the industry.

Swedish telecom equipment maker Ericsson said Friday it would cut 8,500 jobs worldwide as part of a cost-cutting programme.

From connecting people with 5G services to lowering the cost of operations, the country's revitalised telecom sector is witnessing the bloom of reforms, and is reportedly said to attract more than Rs. 1.5 lakh crore investments to build up networks in the new year.

Ericsson on Tuesday said that it would invest millions of pounds on 6G mobile research in the UK. The network equipment maker says it plans to work with universities on hardware security, AI and cognitive networks and quantum computing. Ericsson wants to establish a team of 20 experienced researchers in the UK and will also look to sponsor students...